Bitcoin Forum

Last year we experienced a major upsurge in the cryptospace. Everyone is blaming anyone for this even though we're seeing some signs currently that shows we can moon again. I am therefire trying to conducta little study to find out from us (the largest crypto community). What do you think caused this great fall?

You can share your opinion if it's not in the poll. Thanks

This is my list on what are the major reasons of the fall.
1. Whales manipulation - it's not a secret anymore that there's really whale/s that are manipulating the market.
2. Bitcoin futures - because of it the market has dropped through their contracts. I'm still lack of knowledge about it.
3. FUD - this has been popular word in the forum/community when there are people sharing their negative thoughts about market.

There is less interest in ICOs this year in general because we have to wait for the outcomes of the ones launched on previous years. When some of these succeed everything will go again up.

That's definitely true. It seems all those metrics form part of the correction we are experiencing. The cryptoecosystem has been experiencing so many different forms of corrective fundamentaks and diminished interest in ICOs is a major contributor. Well, maybe when the market gets better, interest in ICOs will boost...

There is no one to blame for the fall of the market. it is expected that prices will tank after we had such a massive bull market in january. People would definitely sell their coins to take out their profit so that will contribute to the fall of the market. Mostly now it is just whales manipulating the prices so they can buy the coins for a cheap price.

go to the new crypto project as Socratus because you need to try something new

Maybe anyone is not to blame for the fall of market.... But I think there are people manipulating market and also most people are scared to loss their money.... The number of people removing their money is higher than the one putting their money.... So these is really affecting the market.

I think people have loose hope in what they are doing and they are just trying to sell them off to free themselves so that they might not run loss when something happens.

I think the blame should be centred more on whales who because of the gain they are after, manipulate the market in order to suite them. Most times, they are the ones that spread FUD, which causes panic and make people to dump their coins. I also noticed that the panic caused can also make some people to leave the crypto space due to lack of confidence in the system.

Its true in recent time market is not doing well. That’s why so many investors are afraid to invest in this market. But price fluctuation is a common nature of this market. I believe in near future market situation will change.

blame on us self for being so stupid to follow what others says. when fud coming all believed it without searching the truth story. when whales are dump all the coins peoples start to panicking and start also joining to dump. this is why the drop continue to drop in weak hand investors. to stop this drop we all should to hodl our coins and keep on buying the coin. whales will start to buy and the market will rises again.

This year is a bad year for the market of crypto currency. From the starting of this year to now, the market of crypto currency is facing a downward trend in the price. There can be many reasons but I think that the main reason is the low demand of the crypto currency and there are very low ico projects in the market now.

I think the most responsible parties are peoples who holding the coins with massive amount, or whales.
They can easily manipulate the market, can make market price drop by selling or dumping them directly.
For now, regulation issues seems not the problem for market falling.

Its just people who aren't any courage. Market will be normal in a short time. But people are so excited.

I actually agree with three causes from the poll. One is big whales are manipulating but it shouldnt be blamed because they are making opportunity for newcomers to invest. Others is regulation and people are scared invest. Considering the situation the scared thing is to be expected.

Those have known nothing about this. The only reason need to blame is the whales just like mtgox trustee which has been dumping their bitcoin in so many times. Another reason because the media can be manipulated through paid them all some bucks. Both should be considered as the main reasons

I also think that this fall is because of the whales but what the whales can do if there is no panic seller? Beside I think it's also a result of so many guys believe in predictions of famous people like John McAfee and MtGox about BTC price and crypto world in the future then all of them become panic sellers just because of this falling :)). Beside, I think Bitcoin price had increased so quickly last year is also an important reason cause people often think that something is too quickly often not really good and they also though the same like that about BTC and crypto world :)

It's actually the whales that went into bitcoin like crazy last October and november. If you exclude that unnatural spike and draw a line before that spike and current price, cryptocurrencies are gradually increasing in price.

the cause of the drop in bitcoin prices is likely to be affected by several causes such as close to the new year and the possibility of bitcoin depletion due to continuous mining

Its licence in past spell market-place is not behavior beefy. That’s reason so assorted investors are fearful to invest in this market. But value hesitations is a angel heart of this market. I credence in away fatal market-place situation will replace.

My opinion, nobody is to blame. The market can never live steadily. There are always falls and ups. For the market, crypto currency, this is quite normal.

And one awesome aspect is that all those who leave eventually come back. They come back when the market recovers to a price higher than they left and this shows that though the market is bad and people are leaving, we shall get another huge market cap when a full recovery happens.

I think that at the moment it's hard to find the guilty one. But if you think about and analyze the market, you can see a lot more positive trends

of course baseball is wrong with the current market because baseball knows who is wrong. the great likelihood of the price of coins on the market because banya his coin sales suddenly

The cryptocurrency market is always unstable. But the last price dropping of cryptocurrency is thought to be due to market manipulation by big whales. Many thinks that it occurred due to the FUDs and rumors in the market.

May be media, they published lot of news on early January so lot of people joined the crypto....after that no movement new people  panicked and sell low

The fall at the moment of crypto currency market  is really caused by the whales who are manipulating to buy very low and resell when the price high...

I think there is nothing to blame because I know with the market crypto market due to the bear market that does not quickly end than from now on with the end of the market bear crypto market recovered and hopefully it could benefit again

I do not think there's anything to blame for this incident, I hope all sides can support and create a secure and non-hackable cryptocurrency system

Exactly true, why blame anybody for this. Market, Stock Market does fluctuates like this, may be not violently like Crypto Market, but it does. Everybody is here to earn, and manipulation does plays a bigger role. Manipulation makes the market more visible and attractive I believe, not for all but for many it does. Actually everybody is to be blamed, from manipulators to the manipulated and the government as well somehow of some countries.

I don't think anyone should be blamed.
Because this is the normal behavior of the market, no financial market always keeps rising.

  I think the factor that ignites the correction we had experiencing right now is the regulation, whales had already an idea to create some fake information to threaten the weak hands that started the massive dumping of crypto.

I don't think anyone or any company/organization should be blamed because of the fall of crypto market :). At first although I know that the whales affect to price of crypto market but what will happen and what the whales can do if there are no panic sellers? I think the whales are the same like everyone, they are also trying to earn money in this world only :). Beside although the whales are not available anymore but the fall keep happening because it's very normal in this world dump and pump every minute :)

Big Whales, they push crypto market to higher price in last year, everyone join the party and want to earn easy money, after that they cash out and let market price falling until now, a lot of newbies investor join at high price and currently only can hold their assets, why should we do now? wait for big whales join the party again  :D

There is no one to blame in the recent fall of the crypto market. Everyone has their own strategy upon investing in crypto, unless they were one of those weak hands who haven't done their research and invested without thinking if they can afford to lose their funds.

Going up and down is the natural of the market, what come up will come down, what come down to a specific level will come up.
Regarding who to blame, I read somewhere about a cartel conspiracy about a group always trying to drive the price of bitcoin down (the author compare it with gold and silver price), so maybe that group should be the one we should blame.